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A Simple Plan to Avert the Fiscal Cliff

What should Congress do on the Fiscal Cliff? 1) Lock in $1.2 trillion in ten-year sequester savings. 2) Extend ALL current tax rates for one year. 3) Reform taxes and entitlements to avert another debt downgrade. Questions?

P.S. From now on, every debt ceiling increase should be offset by an equivalent amount of spending reductions, in the same bill. No more kicking the can down the road!

May I suggest: “The National Federal Deficit Reduction Act of 2012. This is a temporary act of Congress to resolve a fiscal crisis ($16 trillion dollars of debt), most of which other sovereigns are the creditors, which has threatened the sovereignty and credit of the nation, and acting under the US Constitution and taxing and commerce authority granted therein, the US will impose the following tax which shall continue until such time the federal deficit shall decrease to a level lower than $5 trillion dollars: It shall be the law that that: (1) each manufacturer of personal property of any kind shall certify on the box or label of every item sold in the United States whether or not it is (x) assembled abroad or (y) assembled in the US but parts consisting more than 85% imported. Manufacturers shall operate in good faith and failure to provide labels shall impose an automatic federal tax unless and until such time a proper label is put on the product. (2) each retailer to the consumer shall collect a 5% federal tax on (x) all imported goods and (y) goods assembled in the US but parts consisting more than 85% imported. Retailers shall operate in good faith and fines assessed by the IRS or any of its agencies on retailers failing to collect such tax shall be mandated for the noncompliance by such retailers. (3) Federal tax shall be charged to the consumer, collected by the retailer, and quarterly sent to the IRS.” -- It is a thought -- Out of the Box and no old ladies lose money and the rich can keep employing and buying things to stimulate the economy and - hey maybe manufacturing will move back to the US!

I would go a step further and let the Bush Tax Cuts expire with any increase in revenue, every dollar goes to debt reduction. NOT ONE PENNY gets spent. Go back to Graham, Rudman, Hollings.
Also, DO NOT repeal any Obamacare taxes, he owns them, do not let him off the hook.
Once we have more tax payers, more people with "skin" in the game we can then have a serious discussion on Cutting Spending and Cutting Taxes.

I attend Hillsdale College in southern Michigan. It’s a pleasant place, the people are friendly, the landscape of the college is beautiful, and the academic rigor is intellectually stimulating. Some of the things that I’ve learned since becoming a temporary Michigander are that the weather is utterly and truly unpredictable, that Ohio State fans are worst people on earth (their words, not mine), and that native Michiganders insist that “soda” is something you bake with and “pop” is the thing you drink. (They’re wrong.)

Michigan state is hurting and its failings can be traced to one party rule at the hands of Democrats and the unions (which are likely synonymous). Detroit is now bankrupt, corrupt, and the most dangerous city in America, and residents continue to flee. As Detroit was the engine (pun intended) of Michigan’s economy, it has affected the entire state.

On September 27, NBC News revealed what all 26 viewers of MSNBC already knew: the entire corporate media behemoth is in full on water carrying mode for the Obama Administration. A week-long series of special reports on Obamacare began on the nightly news on Monday.

The Obamacare individual mandate will disproportionately affect those who can least afford it. Rather than simply allow people to buy health insurance if they wish to do so, the "Affordable Care Act" imposes a fine if you don't. But for many people without means, the insurance, even with subsidies, will be too expensive. The law amounts to a tax on being poor -- a Poor Tax.

There are a lot of myths about the looming government shutdown. The biggest one is that it is, in fact, a government shutdown. The country will not descend into anarchy, there will not be chaos in the streets (well, no more than usual) and, really, we don’t need to panic if it happens. Here’s the deal.

The fight to defund Obamacare has been heating up quite a bit recently. As the battle over the current Continuing Resolution to fund the government comes to a head, the Democrats in the Senate have lobbed many serious accusations against conservatives.

[UPDATE: 9/24, 2:30 p.m. ET. In a surprise move, Senator Cruz has just begun a filibuster of the motion to proceed. Apparently, he was concerned that the Republican leader, Mitch McConnell (R-Kentucky) was working with the Democratic leader, Harry Reid (R-Nevada) to outmaneuver him later in the process. So he took his chance to seize control of the floor a couple of days earlier than expected. FreedomWorks strongly supports Sen. Cruz's efforts. Help spread the word and pressure the Senate to defund ObamaCare using the hashtags, #KeepCruzing, #MakeDCListen, and #DefundObamaCare.]

The current fight to defund Obamacare seems incomprehensible to many inside the Beltway. They explain with pious snark and dismissive ridicule that it is not a fight that can be won. They say that despite the federal government needing the House's approval to spend money, the House's approval is not really needed for the federal government to spend money. Well, the House's approval is needed, and Republicans won the House two elections in a row. This defunding CR should have happened in January, 2011. It should happen now.

With President Obama's umpteenth (twentieth, if you're counting) pivot back to jobs and the economy, there has been a lot of trotting out of the concept that meaninful economic recovery must begin with the "middle class". Politicians, economists, and pundits alike have all revived the meme, but almost none are directly addressing that fact the "middle class" has reached the mythical status of unicorns or free health care for all.

I remember the Old Age — the time Before Obama. We had cruel rulers who were so focused on wars and greed that they never shared a vital secret with their subjects. These latter-day Neros and Caligulae never once told the dessicated masses about a simple, life-giving treasure. The treasure of Water.It was a dark time. A thirsty time.